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July 12, 2017 06:00 pm

Symantec Explores Selling Web Certificates Business

Cybersecurity firm Symantec is considering selling its website certification business, in a deal that could fetch more than $1 billion and extricate it from a feud with Alphabet's Google, people familiar with the matter told Reuters. From a report: Google said in March that it was investigating Symantec's failure to properly validate its certificates, which confirm that websites can be trusted. Symantec has called Google's claims "exaggerated and misleading." Symantec is in talks with a small number of companies and private equity firms about the potential sale, three sources said, asking not to be identified because the matter is confidential. There is no certainty that a deal will occur, the sources added.

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